Crest Builder expects improved FY17 driven by construction projects
Crest Builder group managing director Eric Yong Shang Ming said the construction division will be the major driver for the group this year.
Qatar-linked construction players down amid diplomatic crisis
Companies with operations in Qatar saw a decline in their stock prices, after six nations made a decision to sever diplomatic ties with the nation, accusing Qatar of providing support to Islamist militants.
WCT expects to list REIT before end-2017
"The plan is to realise it within this year, we are in consultation with our investment bankers and the authorities."
Rastam Isa retires as Tropicana Corp chairman
Tan Sri Rastam Isa has retired from his position as independent and non-executive chairman of property developer Tropicana Corp Bhd.
Tropicana Corp plans RM1.6 bil of launches in 2017
Property developer Tropicana Corp Bhd has planned launches of about RM1.6 billion in gross development value (GDV) for the year, comprising mainly landed properties.
Tropicana 1Q net profit more than doubles on strong sales
Tropicana Corp Bhd more than doubled its net profit to RM32.52 million or 2.27 sen a share in the first quarter ended March 31, 2017 (1QFY17) from RM15.17 million or 1.05 sen a share a year ago.
Mitrajaya's 1Q net profit jumps 55% on compulsory land acquisition
Mitrajaya Holdings Bhd’s net profit jumped 55% to RM28.74 million for the first quarter ended March 31, 2017 (1QFY17), from RM18.46 million in 1QFY16, helped by a compulsory land acquisition.
Mah Sing eyes RM1.3 bil GDV Sentul land via acquisition of new unit
Mah Sing Group Bhd has entered into an agreement with LTS Properties (M) Sdn Bhd, TS Law Corp Sdn Bhd and Law Wai Cheong for the purchase of a 78% equity stake in Cosmowealth Housing Development Sdn Bhd for RM54.96 million, which will be paid over a period of six years.
Eversendai confident of achieving record performance in FY17
Eversendai Corp Bhd said it is well on track to meet its RM2 billion revenue target for the financial year ending Dec 31, 2017 (FY17) and is confident of registering a record performance for the year, backed by its hefty orderbook.
S P Setia expecting higher contribution from overseas projects in FY17
S P Setia Bhd said it expects stronger contribution from overseas projects this financial year ending Dec 31, 2017 (FY17), backed by its developments in Australia and UK.
